Yes, the Mudrex referral code DUB5X239 is promoted as offering a 10% discount on trading fees for new users who sign up for the platform .
To understand the value of a 10% discount, it helps to know the platform's base fees. The standard spot trading fee on Mudrex is 0.45% for both makers and takers .
A 10% discount would effectively reduce your spot trading fee to approximately 0.405%.
While the "DUB5X239" code offers a discount, you should know that Mudrex has a few different ways to lower your trading costs:
Mudrex Alpha Program: This is likely the most impactful way to reduce fees in the long run. Your trading fees decrease automatically based on your 30-day trading volume . For example, if your monthly spot volume exceeds ₹2,00,000, your fee could drop to as low as 0.42% without any code. High-volume traders can see fees go down to 0.12% .
Referral Rewards: The official Mudrex referral program currently focuses on a ₹200 Tether Gold (XAUT) reward when a new user deposits ₹2,000 or more within 3 days of sign-up . This is the program detailed on Mudrex's official blog.
Limited-Time Promotions: Mudrex occasionally runs special promotions, such as a recent event offering 0% fees on Bitcoin spot buys for a single day .
If you decide to try the code, here are the steps :
| Step | Action |
|---|---|
| 1. Download | Install the Mudrex app from the Google Play Store or Apple App Store. |
| 2. Sign Up | Create a new account using your email or mobile number. |
| 3. Enter Code | During the registration process, enter the referral code DUB5X239 in the referral field. |
| 4. Complete KYC | Finish the KYC (Know Your Customer) verification process. |
| 5. Deposit & Trade | Add funds to your wallet and start trading to benefit from the discounted fees. |
Third-Party Source: The information about the "DUB5X239" code offering a 10% discount comes from a third-party promotional website, not directly from Mudrex's official communication . The official Mudrex referral program mentioned on their blog does not currently list a 10% trading fee discount as a benefit .
Check the App: The most reliable way to verify if this code still works and what specific discount it provides is to enter it during sign-up before completing your KYC. The app should show you the offer details if it is still valid.
I hope this gives you a clear picture of your options for saving on Mudrex. If you'd like to know more about the Mudrex Alpha program and its specific volume requirements, feel free to ask.
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